NRC Group Holdings Corp (NYSEAMERICAN:NRCG) Short Interest Update

NRC Group Holdings Corp (NYSEAMERICAN:NRCG) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 55,100 shares, a growth of 7.4% from the May 15th total of 51,300 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 25,600 shares, the days-to-cover ratio is currently 2.2 days.

An institutional investor recently bought a new position in NRC Group stock. Millennium Management LLC purchased a new stake in NRC Group Holdings Corp (NYSEAMERICAN:NRCG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 111,856 shares of the company’s stock, valued at approximately $856,000. Millennium Management LLC owned approximately 0.35% of NRC Group at the end of the most recent reporting period.

Shares of NYSEAMERICAN NRCG traded down $0.22 during mid-day trading on Friday, reaching $11.97. The company had a trading volume of 82,813 shares, compared to its average volume of 42,848. NRC Group has a 52-week low of $6.41 and a 52-week high of $12.26.

NRC Group (NYSEAMERICAN:NRCG) last issued its quarterly earnings data on Tuesday, May 7th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.21). The business had revenue of $100.49 million for the quarter, compared to the consensus estimate of $84.00 million.

A number of analysts have recently commented on NRCG shares. Zacks Investment Research cut shares of ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday, July 10th. Stifel Nicolaus began coverage on shares of GENFIT S A/ADR in a research note on Tuesday, June 25th. They issued a “hold” rating for the company.

NRC Group Company Profile

NRC Group Holdings Corp. provides various environmental, compliance, and waste management services. The company operates through four segments: Domestic Environmental Services, Sprint, Domestic Standby Services, and International Services. It provides industrial cleaning, hazardous waste packaging and management, waste transportation and disposal, salvage support, petroleum storage tank cleaning and removal, pipeline repair, land and marine based emergency response, specialized equipment rental, site remediation, and marine cleaning and marine services.

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